Equinor to cut 30% of exploration staff

EQUINOR has announced it will cut its exploration staff by 30% across its Norwegian and international operations by 2023, as it shifts its focus to more specific regions.

Equinor to cut 30% of exploration staff Equinor to cut 30% of exploration staff Equinor to cut 30% of exploration staff Equinor to cut 30% of exploration staff Equinor to cut 30% of exploration staff

In a statement overnight, the company said it expects to drill 30-40 wells globally this year, and this does not affect its planned activity for 2020-21.